Updated Jan 13, 2026
Ujj Nath Of MyKaarma Leases 8,987-SF Office At 211 East Ocean Boulevard In Long Beach
211 East Ocean Boulevard
Building Size
8,987 SF
Asset Type
Office
Closing
Jan 9, 2026
About this deal
AI
The property involved in this transaction is an office asset located at 211 East Ocean Boulevard in Long Beach, California. The total square footage of the leased space is 8,987 square feet. This transaction reflects the growing demand for office space among mid-size tech firms in the Los Angeles area.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 211 East Ocean Boulevard
- Market: Long Beach
- Landlord: Ocean West Capital Partners
- Tenant: Ujj Nath - myKaarma
- Broker: Jason Fine - JLL
- Move-in Date: February 2026
Ujj Nath, representing myKaarma, has secured an office lease for its new headquarters, marking a significant step for the company. Jason Fine, of JLL, facilitated the transaction, which underscores Downtown Long Beach’s position as an attractive area for businesses seeking a live-work-play environment.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93